Reborn in Hong Kong as a Tycoon

Chapter 605 Starting to Reduce Holdings of Hutchison

Chapter 605 Starting to reduce holdings of Hutchison (two in one)

"Sister, Tianfan, let's talk over there."

Seeing Lin Shufang and Yuan Tianfan coming in, Lin Baicheng called them to sit down on the sofa.

Chen Huixiang came in with her successor, Lin Baicheng's secretary here, and they made tea for Lin Baicheng and the three before going out.

There are only three people in the office, and they are not afraid of being known about what they say.

"Little brother, did you just come back this morning?"

Lin Shufang and Lin Baicheng are siblings. Unless it is a formal occasion such as a board meeting, there is no reason for Lin Shufang's elder sister to be called Lin Baicheng's younger brother, Mr. Lin or the chairman.

Too formal will hurt the relationship between siblings.

"Almost, I came back in the early morning, but I spent the night outside after I got back."

Lin Baicheng nodded. Now is not the time for the siblings to chat. He asked them, "How many shares of Hutchison Whampoa have been sold?"

"Let Manager Yuan report."

Lin Shufang looked at Yuan Tianfan while talking.

Lin Baicheng holds a total of 1.996 million shares of Hutchison Whampoa, of which 9000 million shares were purchased from HSBC at the beginning. At that time, all the shares were pledged to HSBC for a loan of HK$10 billion, so these 9000 million shares They are all secured by HSBC.

Fortunately, although Lin Baicheng wants to sell the shares of Hutchison Whampoa, he does not intend to completely give up Hutchison Whampoa. He even wants to hold the controlling stake in Hutchison Whampoa. Therefore, after reducing his holdings, he will at least hold Hutchison Whampoa 20% of the shares, so as to be more secure.

Now Hutchison Whampoa has a total of 4.4 million shares, and 9000 million shares just account for a little more than 20% of the total share capital. Therefore, Lin Baicheng can completely sell his freely tradable shares without mortgaging his HSBC shares.

Before Lin Baicheng was in the United States, the matter of reducing the holdings of Hutchison Whampoa shares must be handed over to a special person, instead of waiting for him to deal with the affairs in the United States before returning to preside over the stock sale. After consideration, he did not choose to settle the matter. Instead, he chose Yuan Tianfan.

Lin Baicheng and Yuan Tianfan are not related, even if Yuan Tianfan is an executive of Galaxy Bank, Lin Baicheng has to guard against it, so he asked his sister Lin Shufang to supervise, and the two cooperated to sell the Hutchison Whampoa shares he held.

Lin Baicheng said to Yuan Tianfan: "Tianfan, tell me in detail."

"Yes, Mr. Lin!"

Yuan Tianfan responded and said: "You asked us to start selling your stocks after the stock price of Hutchison Whampoa was higher than 110 Hong Kong dollars. The stock price of Hutchison Huangpu rose with the price of gold due to rumors that the company invested in long gold futures. On January 1, Hutchison’s stock price broke through the 8 Hong Kong dollar price for the first time, and then we started to ship.”

"At that time, the price of gold was only around US$600 per ounce. Perhaps shareholders believed that the valuation of the company's stock was not low. As we started shipping, within a few trading days, the stock price began to fluctuate and fall."

"Fortunately, the price of gold rose rapidly afterwards, Hutchison's stock price stabilized and continued to rise, and we also started to ship continuously."

"Currently, the company's stock price is fluctuating around HK$120. Because we continue to ship goods and cannot go up, the upward momentum is insufficient, so that we dare not sell too much every day, for fear of crashing the stock price."

"Because Hutchison's stock price has no relationship to continue to rise, and we don't dare to sell too much every day, so now we have only sold more than 1100 million shares, which is just over one-tenth of the total holdings you want to reduce .”

"In my opinion, the reason for this situation is that the company's big profits from long gold futures are just rumors, which cannot be proved to be true or false. Now that the stock price has risen to around 120 Hong Kong dollars, there is no confirmed news. , It is basically impossible to rise again, but after a long period of shock, there will be a reversal and decline.”

After Yuan Tianfan finished speaking, he couldn't help but feel a little uneasy. No matter what the reason was, it was true that he failed to handle the matter that Lin Baicheng explained. He was not sure whether Lin Baicheng, who was in charge, would blame him for not doing things well.

"More than 1100 million shares have been sold, not bad."

After hearing this, Lin Baicheng was not dissatisfied. He asked Yuan Tianfan to sell when the stock price was higher than 110 Hong Kong dollars, instead of selling after 100 Hong Kong dollars. If the stock price does not have room to rise, the stock cannot be sold more, so he did not sell much. It has nothing to do with Yuan Tianfan.

"Let me tell you something. It is true that Hutchison Whampoa is investing in long gold futures, and it has indeed made a fortune this time. Although all long orders have not been liquidated, I have estimated that this time the investment At least Hutchison can earn 80 billion Hong Kong dollars."

"Earn so much?!"

Lin Shufang exclaimed, she thought more, Hutchison Whampoa's gold futures made so much, so how much should her brother's own gold futures make, it should be tens of billions of Hong Kong dollars.

"Congratulations, Mr. Lin! You are so amazing, I don't even know how to describe it. This time, the investment led by you has made Hehuang a fortune again!"

Yuan Tianfan was not flattering. He was really impressed when he learned that Hutchison Whampoa had made a huge profit of 80 billion Hong Kong dollars from this investment. Lin Baicheng's ability in investment can be said to be the most powerful person he has ever met.

More importantly, Lin Baicheng also took 2 million U.S. dollars to let Yuan Tianfan operate 20 billion U.S. dollars through Galaxy Bank to go long on oil prices. During this period of time, oil prices were also rising. Here is also a big profit. Lin Baicheng's investment has never failed. He is admired five-body cast.

Lin Baicheng waved his hand: "Tianfan, there's no need to say flattery."

"Boss Lin, I'm telling the truth!" Yuan Tianfan said immediately.

Regardless of whether Yuan Tianfan is telling the truth or not, Lin Baicheng is also very happy to be flattered by someone as capable as Yuan Tianfan. He smiled and changed the topic: "Let's not talk about that, there is only one trading day left this week, but He Huang's investment will be settled next week at the latest, and the profit will be determined by then."

"I'm going to make an announcement at that time. I think Hutchison's stock price will definitely rise again as the clear profit news spreads. At that time, we can take the opportunity to sell the stock. What do you think of Tianfan?"

Yuan Tianfan nodded immediately: "With such a huge positive announcement, Hutchison's stock price will inevitably rise sharply, and we can indeed use this to sell our stocks."

Lin Baicheng said: "Then if you think there is no problem, then this matter will be done in due time."

Yuan Tianfan responded: "Mr. Lin, I don't have any problems here. When the stock price of Hehuang will rise sharply, I will be able to sell more stocks every day."

"Well, remember to keep the confidentiality work well. I don't want the outside world to report that I am reducing my stock holdings before I have sold many stocks."

Lin Baicheng reminded aloud that the level of secrecy here is of course not as high as that of gold futures. Even if it is really spread, the impact on Lin Baicheng is nothing more than the inability to secretly reduce the stock holdings at a high level.There are losses, but they are definitely not as big as gold futures.

"Mr. Lin, don't worry, this kind of thing will never happen."

Yuan Tianfan immediately assured that Lin Baicheng entrusted this matter to him. If the news really spread, he would be responsible even if the news was not spread by him, so he would absolutely not allow such a thing to happen.

"I hope so."

Lin Baicheng nodded, and then said, "If there's nothing else to do, Tianfan, you can go back to work first."

"Mr. Lin, now that the price of oil has risen to nearly $26 a barrel, do you think it's time to prepare to ship?"

Thinking that Lin Shufang was his boss's sister, Yuan Tianfan didn't avoid Lin Shufang and asked directly.

"This is not enough. I will give you instructions after the oil price rises to 30 US dollars per barrel."

Lin Baicheng said that he is not as clear about the oil price trend as the gold price trend, but he knows that the high point of the oil price wave is at least at the beginning of 3, that is, at least 30 dollars per barrel. After the oil price is higher than [-] dollars per barrel, come back It's not too late to ship.

"Okay, then I'll go back to work in the bank first."

Yuan Tianfan didn't say that the oil price is already very high now, he is right to think so, but he knows that his boss Lin Baicheng is stronger than him, so he just thinks that he is too cautious.

After Yuan Tianfan left, Lin Shufang said to Lin Baicheng: "Brother, how much money can you make this time with those gold futures you are long? I'm afraid it is tens of billions of Hong Kong dollars?"

"The exact amount is still uncertain, but it is indeed a lot, and there are still two to 300 billion Hong Kong dollars."

Lin Baicheng didn't hide much from his sister Lin Shufang, because she helped him manage and supervise some accounts, and he couldn't hide it from her at all.Of course, you can hide it from her, but if you do this, some operations will be unsupervised, and God knows what will happen.

For such a large amount of capital exchange, Lin Baicheng must trust his own people, and it is impossible to trust outsiders.

"It's unbelievable how much money you've made from a single investment!"

Lin Shufang was a little dazed, this is 300 to [-] billion Hong Kong dollars, a large amount that was absolutely unbelievable before.

Lin Baicheng: "This time is also luck. The price of gold has risen so much. I may not have such good luck in the future."

"This kind of good luck, once in a lifetime is enough, what's more, what you rely on is not luck, but real ability."

Lin Shufang doesn't think that her younger brother Lin Baicheng makes money by luck. No one would bet on luck with a principal of 60 billion Hong Kong dollars. She thinks that it is Lin Baicheng who judges that the price of gold will rise, so he chooses to invest.It's just that he probably didn't expect the price of gold to rise so high, so he made more money.

Lin Baicheng was not humble with Lin Shufang, but said: "Sister, remember to help me supervise."

"Don't worry, I'll take care of it."

Lin Shufang nodded to show that she understood that she would not let others steal a Hong Kong dollar from her younger brother Lin Baicheng. She has always been very strict about finances, and often conducts cross-cutting raids.Although this makes some people very unhappy, it is better than safety, and no one dares to do anything.

After that, Lin Baicheng and Lin Shufang chatted about some private topics, including Lin Shufang's marriage.

Soon after, Lin Shufang left, and Lin Baicheng simply stayed in Hutchison Whampoa to work.

After Lin Shufang left, Chen Huixiang gave Lin Baicheng the annual reports of companies in Hong Kong and Japan, but Lin Baicheng didn't read them, but gave priority to Hutchison Whampoa's affairs.As for the annual report, he planned to read it after returning home at night.

Around eleven o'clock, Guo Henian came over to Lin Baicheng's office.

"Guo Sheng, why are you here today?"

Lin Baicheng greeted Guo Henian to sit down on the sofa. He was a little surprised that Guo Henian also came to Hutchison Whampoa today.After all, Guo Henian is not a major shareholder of Hutchison Whampoa. Apart from being a director of Hutchison Whampoa, he has not held a position in Hutchison Whampoa, so he rarely comes here except to hold board meetings.

"I know that after you came back, Lin Sheng, I came here specifically to look for you, Lin Sheng."

Guo Henian smiled and walked over to shake hands with Lin Baicheng, and the two sat down on the sofa.

"Oh? But what's the matter?"

Lin Baicheng couldn't help raising his eyebrows when he heard the words, guessing that Guo Henian came here specially to find him for something.

Guo Henian said: "First of all, we are planning to hold a celebration dinner to celebrate our investment and thank you, Lin Sheng, for making us rich. I am here to ask you on behalf of everyone. When will you have time, Lin Sheng? The time is set."

"Tonight or tomorrow or the day after."

Lin Baicheng immediately said that although he was going to read the annual report at night, it was not a night away.

"Then it will be at night."

Guo Henian set the time with a voice, and then said: "As for the location, it's not easy to invite other people to this celebration dinner. It's just us, so it may not be at the Hehuang Hotel. We are going to be at Brother Huo's." Lin Sheng, what do you think of the celebration banquet?"

"no problem."

Lin Baicheng didn't object either.

"Lin Sheng, since you have no objection, then this matter is settled like this."

As he said that, seeing that Lin Baicheng had no objection, Guo Henian turned around and said, "I still have a personal matter to inform you, Lin Sheng, so as not to cause misunderstanding."

"Guo Sheng, tell me."

Lin Baicheng signaled.

Guo Henian said: "It's like this. I have a loan that is about to expire and I need to pay back the money to the bank, but I don't have that much cash at the moment, so I am going to sell part of Hutchison shares to raise funds." Actually He has already started to sell some, but the amount he wants to reduce has not been sold out.

"The stock is Guo Sheng's own. If you want to reduce your holdings, you can decide on your own. You don't need to tell me specifically."

After hearing this, Lin Baicheng guessed that Guo Henian also wanted to reduce holdings at a high level, rather than lack of funds.It's just that if you don't tell the truth, it's meaningless to tear it apart.

"I just want to sell a part of it. I'm worried that Lin Sheng will overthink it and cause unnecessary misunderstandings, so I'll let you know."

Guo Henian explained that he didn't want to lose his status as director of Hehuang, and he didn't want to cause Lin Baicheng's dissatisfaction because of the reduction of shares, so that the two could not be friends.Watsons has been a great help to the company under his name. Lin Baicheng has brought him to make a fortune many times, and it is very likely that there will be more in the future, so he specially found an excuse as an explanation.

"No, there is no misunderstanding, Guo Sheng, you are overthinking."

Lin Baicheng waved his hands with a smile, but he said so, but Guo Henian's respect for him still made him very satisfied.

Apart from these two matters, Guo Henian had nothing else to do, so after chatting with Lin Baicheng for a while, he left and Lin Baicheng sent him out of the office.

(End of this chapter)

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